Mr. Shantilal Pokharna, a Non-Executive Non-Independent Director of Raymond Lifestyle Limited, has tendered his resignation effective from May 06, 2026, following his retirement from service.

The resignation was accepted by the Board during its meeting held on the same day. Mr. Pokharna expressed his gratitude to the company and fellow directors for their support during his tenure. The company noted that there were no other material reasons for his resignation beyond his retirement. This change in the Board’s composition comes at a time when the company is focusing on its next phase of growth following its rebranding and restructuring.

Raymond Lifestyle Limited, formerly known as Raymond Consumer Care Limited, is a century-old brand synonymous with quality and trust in the fashion industry. The company’s “Raymond” brand is one of the most recognized labels in India, offering a wide range of lifestyle products through its extensive distribution network. In 2025, the company focused on operational rigor and talent development to drive its business goals forward.

For the financial year ended March 31, 2026, the company reported a total income of ₹7,03,351 lakhs, up from ₹6,35,998 lakhs in the previous year. The Textile segment remained the largest contributor to revenue, generating ₹3,43,495 lakhs for the year. Apparel and Garmenting segments also showed steady performance with revenues of ₹1,81,158 lakhs and ₹1,06,558 lakhs respectively. The company continues to attract interest from notable investors who track its comparative metrics and growth trajectory in the Indian corporate sector.